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11 May, 14:26

The value of a product minus the costs of raw materials and energy is

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  1. 11 May, 14:36
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    The gross value is the product minus the costs of raw materials and energy. Gross value allows a company to see the true value they are gaining after the raw materials and time spent to produce the good are complete. The value is an economic measure that allows a company to see where they stand after the contribution of materials and workers are taken out of the equation.
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